IndianOil approves Rs 3,681 crore specialty chemicals plant at Panipat

IndianOil's board has approved a Rs 3,681 crore plan to build India's first mega-scale maleic anhydride unit at its Panipat Refinery in Haryana, with a capacity of 120 kta of maleic anhydride and 20 kta of 1,4-butanediol.

“These high-demand chemicals are mostly imported. The upcoming plant will reduce import dependence and save foreign exchange of about $150 million per year, thus strengthening the mission of Aatmanirbhar Bharat.”timesofindia.indiatimes.com

• 1 source
• timesofindia.indiatimes.comIOC clears Rs 3,861 crore specialty chemicals plant for Panipat refinery - Times of IndiaSanjay DuttaNov 1, 2021

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